EBITDA grows for TVA

5 Aug 2005

Cable TV operator TVA has announced that EBITDA for the first half of 2005 totalled BRL45 million (USD19.6 million), up 25% on the same period of 2004. The company’s pay TV customer base grew by 6% to 299,700 in the year, while broadband subscribers rose 67% to 37,000. The churn rate stood at 8% for pay TV and 7.8% for high speed internet at the end of June.